House-Passed Tax Bill Draws Ford Veto Call
The House approved a tax bill carrying 13 billion in 1976 personal cuts despite President Ford’s veto threat tied to a federal spending ceiling. Rhodes said Ford warned he would veto unless spending was capped, while Senate plans consider splitting the bill for quicker action and possible three month extensions to gain time for a compromise.
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Washington
Ford
Senate
Peking
House
John Rhodes
Rhodes
Russell Long
Congress
Ways and Means
al Aliman
D-Ore
Texas
H. Ross'Perot
China
Carl Albert
Unemployment rate falls to 8.2 percent in November
The U S government reports November joblessness drops from 8.6 to 8.2 percent while 7.7 million Americans remain unemployed. Total employment holds at 65.3 million as the civilian labor force shrinks 460000, and the average duration of unemployment hits 16.8 weeks amid lingering uncertainty for 1976.
MENTIONED IN THIS ARTICLE
Washington
APY
Joblesyneas
Nise
Labor Department
Million Dollar Death Match Between Man and Shark Planned
Australian shark hunter Ben Cropp announced a death match against a 3000 pound great white to be held March 9 in a 60 by 80 foot ring sunk in a South Seas lagoon. Promoter Bill Sargent aims to net up to 50 million with closed circuit TV rights and seats at up to 21. Cropp said he will wear a snorkel and spear gun, entering with the odds against him while seeking a million dollars.
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Los Angeles Quay
Muhaammed Ali
Ben Cropp
Cropp
South Seas
Bill Sargent
Sargent
Ali
Daredevi Evel Koievel
Howard Cosel
Iowa Farmland Values Jump Sharply, Survey Finds
Iowa farmland values rose by a record 233 per acre in the year ending November 1, reaching an average of 989 per acre. Fifty one counties exceed 1000 per acre, with Grundy and Hamilton at the top about 15 1/2 thousand per acre. The survey cites farm enlargement crop prices and higher cattle prices as drivers.
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Amsterdam
Ames
Iowa
Iowa State University
Grundy
Hamilton
Iowa Agriculture and Home Economics Experiment Station
ISU
Duane Harris
Larry Walker
North Central
West Central
Northeast
Central
Northwest
Southeast
East Central
Southwest
South Central
Senate Moves to Block Filibuster on NYC Loan Bill
The Senate voted 70 to 27 to end a filibuster and advance President Ford's 2.3 billion loan to New York City to prevent default. Majority Leader Byrd voiced confidence the bill would pass, while Proxmire warned of drastic cuts and layoffs if the city defaulted. Allen criticized the process and proposed lowering the loan to 1.9 billion.
MENTIONED IN THIS ARTICLE
Washington
Senate
Ford
New York City
Robert Byrd
West Virginia
Ham
James Allen
D-Ala
Allen
William Proxmire
D-Wis
Senate Banking Committee
New York
Proxmire
Ford Tells Suharto America Is a Pacific Nation
President Ford, after cordial talks in China, arrived in Jakarta to a 100000 strong welcome and declared America a Pacific nation. He reassured Suharto that the United States remains committed to peace and progress in the Far East despite Vietnam war embers. Betty Ford and daughter Susan joined the reception as thousands of schoolchildren waved flags under a light drizzle. A 21 gun salute and a canopy platform marked the airport ceremony.
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Jakarta
Ford
China
America
Vietnam
Tia
United States
Far East
Suharto
Asia
Betty
Susan
U.S
Non-Aligned Nations Condemn Israeli Attacks in Lebanon
The non-aligned members of the United Nations Security Council proposed a resolution denouncing premeditated Israeli air raids on Palestinian refugee camps in Lebanon and warning of action if such attacks recur. The move follows Israel boycotting the council session amid discussions over the Palestine Liberation Organization’s participation and possible deterrent steps.
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Uited Nations
UPI
Security Council
Israel
Lebanon
Council
Palestine Liberation Organization
Cameroon
Guyana
Iraq
Mauritania
Tanzania
U.N
Daniel Moynihan
PLO
U.S
Lebanan
Iowa Unemployment Rate Falls in November
Iowa’s seasonally adjusted unemployment rate was projected at 6.4 percent for November, down 0.4% from October. Officials cite unusually warm weather sustaining construction activity, with total unemployment at 74,700, a 29.6% rise from October, and unadjusted rate at 5.5%. The November figure will be revised later this month.
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Des Moines
UPI
Iowa
Iowa Employment Security Commission
Commission
Chuckle In This World People Never Think Alike
A clipped line notes that while opinions diverge widely, people converge when buying something common and practical. The piece uses playful wording to hint at shared choices despite individual differences.
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